Value Added Tax
Standard rate 17.5%
Reduced rate 5%
Annual Registration Limit - from 1.5.09
(1.4.08 - 30.4.09 £67,000) £68,000
Annual Deregistration Limit - from 1.5.09
(1.4.08 - 30.4.09 £65,000) £66,000
Standard rate 17.5%
Reduced rate 5%
Annual Registration Limit - from 1.5.09
(1.4.08 - 30.4.09 £67,000) £68,000
Annual Deregistration Limit - from 1.5.09
(1.4.08 - 30.4.09 £65,000) £66,000
Contents
Income Tax Rates
Individual Savings Accounts (ISA's)
Stamp Duty & Stamp Duty Land Tax
National Insurance
| Class 1 (employed) contracted in |
2009/10 Rates | |
| Weekly earnings |
|
|
| Up to £110 |
|
|
|
£110.01 - £844
|
|
|
| Over £844 |
|
|
| * Entitlement to contribution-based benefits retained for earnings between £95.01 and £110 per week. ** On earnings above £110. *** On earnings above £844. |
||
|
Class 1A (employers) |
12.8% on employee taxable benefits |
|
Class 1B (employers) |
12.8% on PAYE Settlement Agreements |
|
Class 2 (self-employed) |
flat rate per week £2.40 small earnings exception p.a. £5,075 p.a. |
|
Class 3 (voluntary) |
flat rate per week £12.05 |
|
Class 4 (self-employed) |
8% on profits between £5,715 and £43,875 plus 1% on profits over £43,875 |
Adventure in Business